#策略性加码BTC January 14 Bitcoin Market Quick Read

This morning, Bitcoin performed strongly, with CPI data boosting the market and pushing the price through a key resistance level. The bulls surged to around 96,800, and many friends who had positioned early have already booked profits. However, after reaching a high, the price has pulled back slightly, consolidating around 95,200, and the market is beginning to enter a phase of profit-taking and digestion.

What does the technical analysis say? On the daily chart, a large bullish candlestick has formed, directly breaking through the upper band of the Bollinger Bands. The short-term moving averages are arranged in a beautiful bullish pattern, with bullish momentum fully released. Looking at the 4-hour chart, the upward trend continues without interruption, and the ascending channel is opening smoothly. The Bollinger Bands are expanding outward, MACD maintains a golden cross, and volume is increasing. The momentum bars are getting longer, making this bullish structure quite solid.

Trading strategy: The 94700-94100 zone below 95200 is a key support area, where you can consider buying on dips. The focus above should be on the 95700-97000 range, which serves as a short-term target zone for tracking. The current pace of Bitcoin remains steady, and the outlook is still bullish.